Big movements in DarkPulse, Inc. stock price on Friday moving 17.94% between high and lowStockInvest.us, 3 months ago
The DarkPulse, Inc. stock price gained 19.14% on the last trading day (Friday, 18th Jun 2021), rising from $0.0579 to $0.0690. , and has now gained 3 days in a row. It will be exciting to see whether it manages to continue gaining or take a minor break for the next few days. During the day the stock fluctuated 17.94% from a day low at $0.0591 to a day high of $0.0697. The price has risen in 8 of the last 10 days and is up by 260.21% over the past 2 weeks. Volume fell on the last day by -146 million shares and in total, 168 million shares were bought and sold for approximately $11.58 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.
The stock lies in the upper part of a very wide and strong rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break-up at the top trend line at $0.0703 will firstly indicate a stronger rate of rising.Given the current short-term trend, the stock is expected to rise 68.26% during the next 3 months and, with a 90% probability hold a price between $0.0373 and $0.12 at the end of this 3-month period.
Mostly positive signals in the chart today. The DarkPulse, Inc. stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $0.0506 and $0.0266. A breakdown below any of these levels will issue sell signals. A buy signal was issued from a pivot bottom point on Wednesday, June 16, 2021, and so far it has risen 45.53%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 months Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely.
DarkPulse, Inc. finds support from accumulated volume at $0.0689 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.0106 between high and low, or 17.94%. For the last week, the stock has had a daily average volatility of 54.18%.
DarkPulse, Inc. holds several positive signals and is within a strong rising trend. As the old saying says, "Let the trend be your friend.'". We therefore consider it to be a good choice at these current levels and we are expecting further gains during the next 3 months.We have upgraded our analysis conclusion for this stock since the last evaluation from a Buy to a Strong Buy candidate.Check full DarkPulse, Inc. forecast and analysis here.